Voldernicus

Voldernicus

Seems channeling through the hard times! was it a retracement or a bearish sign

Voldernicus

Gold seems to follow trend already but for how long? will it continue to go beyond 2,000$ or will fall hard?

Voldernicus

ABCD Pattern seems to work till now, now sure if it will follow but expect some high volatility during monday opening.

Voldernicus

Still not decided but Gold seems to go on Bearish Mode for sometime! DXY constantly rising on a 2 year high level and correlation with Gold seems on place! Be carefully with your trades!

Voldernicus

There's still possibility for Gold to go up, but chances are this has turned to bearish now, why DXY flying we might see 1,920 again on Gold!

Voldernicus

This is a regional Short-term for scalpers. This rage thou is dangerous, be carefully with your positions! Use proper Risk

Voldernicus

DXY index is following the channel from the first look, if it form the H&S than we'll have to see, for the past 2 days Gold has seemed to have been correlelated with DXY as it used to be, deattached from OIL and now seems on track. But if this DXY continue to go do down, we might see gold at nearly 2,000$.

Voldernicus

Once it reach 1,970.00, there'll be the real deal, if this will continue to go uptrend or turn to bearish moment. Check with your own charts and risk as much as you can afford! This has been way to high and my guess is it will retest 1945-50.00 as soon as friday.

Voldernicus

Will we see a Double Top at 2,050? whatever it is, my guess is gold is oveeboght on charts so this will fall to 40-50 level than we'll see

Voldernicus

We've seen previous triangle broke up due to cpi data, but this one might go down due to DXY rising above a 2-year level!

Voldernicus

Gold seems bullish but still got time for retracement. Check before trading

Voldernicus

US Dollar Index seems to folloe the channel following the drop and gain after 0.2+% inflation above expectation.

Voldernicus

I love the triangles Gold create, this one is ahead of CPI Data, carefully on your trades!

Voldernicus

If Gold form H&S this time than 35 seems clear! Still waiting for confirmation

Voldernicus

But there's still a possibility Gold will follow the 'big' channel and making a lower low on Monthly and 4H. Stick to your plan and mind your own risk.

Voldernicus

As long as it holds the channel it will continue for a little bit up, if it breaks down and find support, this is going down

Voldernicus

There's alot of possibilities right now, following the channel or continuing uptrend but still has to wait!

Voldernicus

Most likely Gold will continue to go up, the chances are more to go up after it broke the triangle, but there's still a possibilty to form H&S and go down from there to 1,900 consolidating and than 1,800! Support been broken but still need an eye.